Sephora has delivered ‘exceptional’ growth but LVMH sales and profit take a hit
Sephora has delivered double-digit growth despite parent group LVMH seeing a fall in sales and profit in the six months to June 30, 2024.
Despite a fall in overall sales, the group’s selective retailing division, which includes cosmetics giant Sephora and Duty Free Shopping, posted a 3% increase in sales.
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